IMA unveils Greater China sector and revamps Global Growth

Following consultation with its members, the new China/Greater China sector will be defined as funds investing at least 80% of their assets in equities of the People's Republic of China, Hong Kong or Taiwan. Investment in assets can be direct or indirect to reflect investors' synthetic access to China. The definition of the China/Greater sector will be reviewed a year after its creation, as the sector gains maturity and the number of funds classified within it grows. Meanwhile, Global Growth is to be renamed Global. The new sector will accommodate funds investing at least 80% of th...